PPP Loan information for Fountainhead development inc

$2,000,000

Fountainhead development inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/16/2021 by The Denali State Bank reported 140 jobs and $2,000,000 was used to fund payroll.

Fountainhead development inc is Existing or more than 2 years old

FOUNTAINHEAD DEVELOPMENT INC

Date Approved

01/16/2021

SBA Office Code

1084

Processing Method

PPS

Borrower Name

FOUNTAINHEAD DEVELOPMENT INC

Borrower Address

1501 Queens Way

Borrower City

Fairbanks

Borrower State

AK

Borrower Zip

99701-7456

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3495

Servicing Lender Name

Denali State Bank

Servicing Lender Address

119 N Cushman St

Servicing Lender City

FAIRBANKS

Servicing Lender State

AK

Servicing Lender Zip

99701-2879

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairbanks

Project County Name

FAIRBANKS NORTH STAR

Project State

AK

Project Zip

99701-7456

CD

AK-

Jobs Reported

140

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

3495

Originating Lender

Denali State Bank

Originating Lender City

FAIRBANKS

Originating Lender State

AK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2020666.67

Forgiveness Date

02/02/2022

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